Tag: Lev Leviev

Did Leviev’s empire succumb to boycott?

Alternative Information Center (AIC) 2 September 2009 On 31 August 2009, Lev Leviev, the sixth richest Israeli according to Forbes Magazine, convened a press conference and announced that his company Africa Israel will be unable to meet its financial obligations and repay its debts on time. Leviev’s debt is estimated at nearly Euro 1.4 billion.…

September 4, 2009
Investment giant BlackRock divests from Leviev’s Africa-Israel due to Israeli settlements

Adalah-NY 25 August 2009 In another stunning blow to Israeli settlement-builder Lev Leviev, the Israeli business magazine Globes Online has reported that BlackRock Inc., one of the world’s largest investment management firms, has divested from Leviev’s Africa-Israel Investments. The Globes article follows a similar report by the Norwegian news service Norwatch. The move comes after…

August 25, 2009
Africa-Israel under scrutiny for settlement construction

Adri Nieuwhof | Electronic Intifada 22 June 2009 Africa-Israel is the latest target of a boycott campaign by Palestine solidarity activists because of the company’s involvement in the illegal Israeli settlements in the occupied West Bank. American and European financial institutions hold a substantial stake in Africa-Israel Investment, investigations reveal. Africa-Israel Investment is an international…

June 23, 2009